Elon Musk’s fortune hits $ 50 billion in two days
UBS CEO and senior portfolio manager Jason Katz at Elon Musk asks Twitter followers if he should sell Tesla shares.
A weekend tweet by Tesla boss Elon Musk turns out to be costly.
Musk asked his Twitter followers this weekend if he should sell 10% of the stake in the company.
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He has lost $ 50 billion so far this week after Tesla Inc. shares plunged for the second day in a row, according to Bloomberg.
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| TSLA | TESLA, INC. | 1[ads1],023.50 | -139.44 | -11.99% |
It is the biggest drop in two days in the history of the Bloomberg Billionaires Index, and the biggest drop in one day after Jeff Bezos’ fall of $ 36 billion after the divorce from MacKenzie Scott in 2019.
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The question was asked as part of a Twitter survey.
The vote, which received more than 3.5 million votes, ended on Sunday, with almost 58% in favor of Musk’s proposal and more than 42% against the idea.
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The decline means that Musk’s lead over Bezos as the world’s richest person has been reduced to $ 83 billion. Musk passed the founder of Amazon.com Inc. for the first time in January.
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Musk’s fortune is still up 70% this year.
